A lot issues were barely even moving either up nor down-lower than avg. daily volume-unusual with the indices down almost 2%.
Strange how a lot of stuff is not moving down outside the high beta momo issues. Almost like they are frozen in air off the cliff Wild E. Coyote.
Escape velocity is how much you can save and produce versus how much debt you can take on to speculate in financial markets.
Ain't no free lunch-old story of the tortoise and the hare.
I doubt that they didn't see it coming-probably the outcome that they wanted in the first place.
US policymakers are betting a tightening labour market will force wages up and, in turn, lift an inflation rate that remains shy of their target.
January’s report offered some encouragement on that front, with the pace of average hourly earnings holding at 2.5 per cent. Economists had expected it to slip to 2.2 per cent.